Hi Zhanginu,
You are correct. I made a mistake.
Its 15% met coal, 85% Thermal.
So on that basis, their profit is going to drop alot this year.
I would still say they have near close enough to zero net debt.
I got the 10% free float number from the AFR, so I think its write.
And as for the 20% discount to sell a large stake, I prefaced this with "may". It may happen, or it may not.
Thanks for picking up my mistake.
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